Nokia Corporation
Nokia wordmark.svg
Type
Public company
Traded as
OMX: NOK1V, NYSE: NOK, FWB: NOA3
Industry
Telecommunications
Internet
Computer software
Founded
Tampere, Finland, Russian Empire (1865)
incorporated in Nokia (1871)
Founder(s)
Fredrik Idestam
Leo Mechelin
Headquarters
Espoo, Finland
Area served
Worldwide
Key people
Jorma Ollila (Chairman)
Stephen Elop (President & CEO)
Timo Ihamuotila (CFO)
Kai Öistämö (CDO)
Henry Tirri (CTO)
Products
Mobile phones
Smartphones
Mobile computers
Networks
(See products listing)
Services
Maps and navigation, music, messaging and media
Software solutions
(See services listing)
Revenue
decrease€38.65 billion (2011)[1]
Operating income
decrease€-1.073 billion (2011)[1]
Net income
decrease€-1.164 billion (2011)[1]
Total assets
decrease€36.20 billion (2011)[1]
Total equity
decrease€11.87 billion (2011)[1]
Employees
134,171 (2011)[1]
Divisions
Mobile Solutions
Mobile Phones
Markets
Subsidiaries
Nokia Siemens Networks
Navteq
Symbian
Vertu
Qt Development Frameworks
Website
Nokia.com
Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki.[2] Nokia manufactures mobile electronic devices, mostly mobile telephones and other devices related to communications, and in converging Internet and communications industries, with 130,000 employees in 120 countries, sales in more than 150 countries and global annual revenue of over €38 billion and operating loss of €1 billion as of 2011.[1] It was the world's largest manufacturer of mobile phones in 2011, with global device market share of 23% in the second quarter.[3] Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform. Nokia's joint venture with Siemens, Nokia Siemens Networks produces telecommunications network equipment, solutions and services.[4] Nokia also provides free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq.[5]
Nokia is a public limited-liability company listed on the Helsinki, Frankfurt, and New York stock exchanges, [6] and plays a very large role in the economy of Finland, accounting for about a third of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki) in 2007.[7]
The Nokia brand, valued at $25 billion, is listed as the 14th most valuable global brand in the Interbrand/BusinessWeek Best Global Brands list of 2011.[8] It is the 14th ranked brand corporation in Europe (as of 2011),[9] the 8th most admirable Network and Other Communications Equipment company worldwide in Fortune's World's Most Admired Companies list of 2011,[10] and the world's 143th largest company as measured by revenue in Fortune Global 500 list of 2011.[11] In July 2010, Nokia reported a drop in profits by 40%,[12] which turned into an operating loss of €487 million in Q2 2011.[13] In the global smartphone rivalry,[14] Nokia held the 3rd place in 2Q2011, trailing behind Samsung and Apple.[15][16]
On 11 February 2011 Nokia announced a partnership with Microsoft; all Nokia smartphones introduced since then were to run under Microsoft's Windows Phone (WP) operating system. On 26 October 2011 Nokia unveiled its first Windows Phone handsets, the
Nokia wordmark.svg
Type
Public company
Traded as
OMX: NOK1V, NYSE: NOK, FWB: NOA3
Industry
Telecommunications
Internet
Computer software
Founded
Tampere, Finland, Russian Empire (1865)
incorporated in Nokia (1871)
Founder(s)
Fredrik Idestam
Leo Mechelin
Headquarters
Espoo, Finland
Area served
Worldwide
Key people
Jorma Ollila (Chairman)
Stephen Elop (President & CEO)
Timo Ihamuotila (CFO)
Kai Öistämö (CDO)
Henry Tirri (CTO)
Products
Mobile phones
Smartphones
Mobile computers
Networks
(See products listing)
Services
Maps and navigation, music, messaging and media
Software solutions
(See services listing)
Revenue
decrease€38.65 billion (2011)[1]
Operating income
decrease€-1.073 billion (2011)[1]
Net income
decrease€-1.164 billion (2011)[1]
Total assets
decrease€36.20 billion (2011)[1]
Total equity
decrease€11.87 billion (2011)[1]
Employees
134,171 (2011)[1]
Divisions
Mobile Solutions
Mobile Phones
Markets
Subsidiaries
Nokia Siemens Networks
Navteq
Symbian
Vertu
Qt Development Frameworks
Website
Nokia.com
Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki.[2] Nokia manufactures mobile electronic devices, mostly mobile telephones and other devices related to communications, and in converging Internet and communications industries, with 130,000 employees in 120 countries, sales in more than 150 countries and global annual revenue of over €38 billion and operating loss of €1 billion as of 2011.[1] It was the world's largest manufacturer of mobile phones in 2011, with global device market share of 23% in the second quarter.[3] Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform. Nokia's joint venture with Siemens, Nokia Siemens Networks produces telecommunications network equipment, solutions and services.[4] Nokia also provides free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq.[5]
Nokia is a public limited-liability company listed on the Helsinki, Frankfurt, and New York stock exchanges, [6] and plays a very large role in the economy of Finland, accounting for about a third of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki) in 2007.[7]
The Nokia brand, valued at $25 billion, is listed as the 14th most valuable global brand in the Interbrand/BusinessWeek Best Global Brands list of 2011.[8] It is the 14th ranked brand corporation in Europe (as of 2011),[9] the 8th most admirable Network and Other Communications Equipment company worldwide in Fortune's World's Most Admired Companies list of 2011,[10] and the world's 143th largest company as measured by revenue in Fortune Global 500 list of 2011.[11] In July 2010, Nokia reported a drop in profits by 40%,[12] which turned into an operating loss of €487 million in Q2 2011.[13] In the global smartphone rivalry,[14] Nokia held the 3rd place in 2Q2011, trailing behind Samsung and Apple.[15][16]
On 11 February 2011 Nokia announced a partnership with Microsoft; all Nokia smartphones introduced since then were to run under Microsoft's Windows Phone (WP) operating system. On 26 October 2011 Nokia unveiled its first Windows Phone handsets, the
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